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20121006
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Search Results 0 to 49 of about 140 (some duplicates have been removed)
deficit. they have to deal with the deficit. but once you're done with the deficit you have to rebuild the middle class in this country and nobody is paying much attention to that. we have a lot of rhetoric in the campaign but-- >> but the necessary done to help the middle class is to nail down the fiscal issues. if we don't nail down the fiscal issues, i don't think anything will matter. >> but i'm with you, i think it will happen because of necessity, because of the fiscal cliff. >> what it will take to rebuild the middle class? >> it's taken three decades to basically decimate the middle class. it will take something like that to rebuild it. but we have to be dedicated to that. we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i thi
the deficit or stick it to the middle class. that's the math. we can't afford to go down that road again. we can't afford to gut our investments in education or clean energy or research and technology. we can't afford to roll back regulations on wall street. or on big oil companies or insurance companies. we cannot afford to double down with the same top-down economic policy that is got us into this mess. that is not a plan to create jobs. that is not a plan to grow the economy. that is not changed. that is a relapse. we don't want to go back there. it didn't work, and we are not going back. we are going forward. i've got a different view about how we create jobs and prosperity. this government doesn't succeed when we only see the rich getting richer. we succeed when the middle class gets bigger. we grow our economy not from the top down, but from the middle out. we don't believe that anybody is entitled to success in this country, but we do believe in something called opportunity. we believe in a country where hard work pays off and where responsibilities were awarded and everybody is getti
a record deficit when he came into office. >> does it work to keep talking about what happened before? >> only to put in context of where he wants to take the country. we were handed a record debt. record deficit when we walked in because of two wars that weren't paid for, two tax cuts that weren't paid for. because of the economic crisis we had to take emergency action. he would do that same thing today. we saved millions of american families from the severe -- most severe economic crisis we've seen in our life times. now the president cut a trillion dollars and he has a plan to do more, a $4 trillion deficit reduction plan. the only person on that stage tonight with a real deficit reduction plan scored by the cbo, you know, scored by independent economists is barack obama. mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this wee
's not possible to come up with enough loopholes for individuals to avoid raising the deficit or burdening the middle class. >> there will be no tax cut that adds to the deficit. >> i will take ideas from anybody, democrat or republican as long as they are advancing the cause of making middle class families stronger and giving opportunities to middle class. >> i have got five boys. i'm used to people saying something that not always true but repeating it hoping i will believe it. i will not reduce the taxes paid by high income americans. >> we do better when the middle class is doing well. by giving them those tax cuts they have more money in their pocket so maybe they can buy a new car. >> under the president's tax policies middle americans have been buried. they have been crushed. martha: joe biden had a bit of a gaffe using that same line and mitt romney put it back at him last night. candidates will barely have time to catch their breath. they get back on the campaign trail today. the president will be in colorado and wisconsin. the romney camp moves along to the swing state of virgini
and you're not going to broaden the base much at all such that you'll have an explosive budget deficit, it's very much what we saw in the bush supply side trickle down years. >> bob, debatess left. the vice presidential debate, the town hall presidential debate and then the debate on foreign policy. >> i think we throw out the myth that somehow or other only the first debates matter. i think the other debates will have big audiences. i'm through with the expectations game. i think vice president biden will do very well next week. i think the president will bring his best game to these next two debates. this guy is a fourth quarter player. we saw it on health care and in the 2008 primaries. when the going to gets tough, when the pressure is on, he really steps up to it. i think barack obama whether do very well in these next two debates and i think as voters think about this,do very well in these next two debates and i think as voters think about this, we all play it as a game. if you were an average person sitting at home last night, you said, wait a minute, i suspect that guy romney's goi
raising the deficit or burden evening the middle class, it's math, it's arithmetic. jon: today it's back to the campaign trail. mr. obama in denver, and then to wisconsin. governor romney is in virginia where the most recent "real clear politics" average shows president obama leading with 47% of the vote, governor romney with 44. virginia has 13 electoral votes up for grabs. that's where john roberts is right now, live in fisher'sville, virginia. what is the event going on there today, john. >> country music star trace atkins will be joining governor romney and his running nature at 6:45 on stage. president obama won this state by six in 2008. governor romney trailing in the polls currently hoping to use his debate performance to narrow the gap. it was the first time the two candidates were on stage face-to-face, a chance for governor romney to one-on-one answer allegations that the obama campaign has been firing his way. one of them over this idea that governor romney is trying to implement a $5 trillion tax cut for the rich. he repeatedly answered that question for president until it f
, which deductions would you eliminate, let's be specific and how will you do that and reach deficit reduction, which programs will be cut? >> the question is, how do you get america back to work. what paul ryan said on your clip is, you flatten the base and increase -- excuse me, you increase the number -- reduce the number of deductions that are out there and you expand the base. that's typically what works. that can be done in a revenue neutral fashion that's what paul ryan has proposed and what that does is make america more competitive. mitt romney has been specific on how he would get america back to work and replace the failed policies of the president. andrea that's what this is about. the president's policies on job creation haven't gotten us back to work. 8% unemployment for 43 months. i mean what mitt romney said very specifically on job creation, is expanded trade by reducing the barriers, creating a better climate for america by keeping tax and regulatory policies in a better shape, energy. this president has been horrific we just lost 1200 coal jobs in virginia last wee
of improvements in the polling for government romney. who would better handle the deficit? romney went up 16%. who would handle the economy? romney gained 12 points over president obama. taxes, romney was ahead by nine points. health care, romney was ahead by five points. i would mention, the sampling error is almost five points there. but still, in virtually every single question, it was the governor romney who, among people who saw the debate, they felt that he was now ahead in the polls that flowed. what do you make of those very devastating numbers for the president? >> i think that governor romney is certainly a skilled debater. and last night he was able to elevate his level of performance. but he did not change the fundamental dynamics of this race, nor did he change some of the policies that actually got us into the economic mess that we have. he embraced the president and agreed that, in fact, he does want to turn medicare into a voucher program, and he still skated and danced and tap danced around how it is that he's going to cut tax for millionaires and billionaires without that having
will cut to bring the deficit down which he promised four years ago. >> andrea: i don't think president obama has a leg to stand on when it comes to entitlements. in the last four years he created a giant new entitlement that will put the onerous taxes on the middle class. i think he has to keep president obama on defense all night. i've talked to a lot of people and they say the entire debate is about romney. romney needs to play to win. while president obama needs to play not to lose. as long as he can keep him on defense, which he can. the facts are on romney's side. i talked to a senior advisor and just saw the candidate, he is calm and in great spirits ready to go. >> bob: that is what they always say before debates. if you abandon your own vice president medicare proposals? >> dana: they answered that. >> bob: how so? >> andrea: i don't think he will let himself get trapped in the details, bob. he will take it to the president. the facts are on his side. all he has to do is bring up the promises that president obama made. all the promises that he hasn't kept. boston you want to be
the deficit and joblessness, but trails on virtually every other big issue, including medicare, taxes and foreign policy. keeping them honest, when it comes to some of those issues, both candidates have come up short either on specifics or credibility. issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell yo
knows is not as good a position as it was when he took office. we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign polic
a trillion dollar deficit greeting me and we know where it came from, two wars that were paid for on a credit card. two tax cuts that were not paid for. stuart: all right, i'm making the judgment that romney won. it's not just me, however, the perception that romney won this debate is widespread. even among the liberal media. headline from "the washington post" "rejuvenated romney hammers obama on his economic record" the los angeles times "a lackluster obama, a revived romney". unabashed obama supporter chris mathews was even disappointed with his guy. >> where was obama tonight? i don't know what he was doing out there. he had his head down, he was enduring the debate rather than fighting it. james carville, also noticed a new attacking style from romney. quote, mitt romney came in with a chain saw. and this tweet from bill maher. >> i can't believe i'm saying this, but obama looks like he needs-- he does need a teleprompter. well, coming up at ten o'clock. the top of the hour, eastern that would be, we will talk to brent about the media coverage of this debate. here is a question for you.
that the budget deficit for 2012 is officially $1.1 trillion. the good news is that that is $200 billion less than last year. we are still spending at least a trillion dollars per year more than we take in. this is the fourth straight year of trillion dollar deficits and of course, the national deficit is about $16 trillion. >> what is happening in new orleans? where is your dollar? [applause] it tells me that people in new orleans, they don't care about as much. megyn: that was then presidential candidate barack obama in 2007, suggesting that racism is a relief effort involved for the folks in hurricane katrina. this particular part of his offscreen comments, they got little to no coverage before they were posted on a daily caller.com. the president's deputy campaign manager is calling on the romney campaign to denounce the video, saying that the romney camp needs to stand up and say it was wrong for the daily caller to post the president's comments earlier in the week. take a listen. >> i think that allies to mitt romney are responsible and they should stand up and do the right thing and say tha
that the military hasn't asked for. that's $8 trillion. how we pay for that, reduce the deficit and make the investments that we need to make without dumping those costs onto middle-class americans i think is one of the central questions of this campaign. >> under the president's policies, middle-income americans have been buried. they've just been crushed. middle-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing. at the same time, gasoline prices have doubled under the president. electric rates are up. food prices are up. health care costs have gone up by $2,500 a family. middle-income families are being crushed. and so the question is how to get them going again. >> a lot of this is just the visual and style of it, but also he was writing a lot. his head was down instead of engaging when you're debating, i have to say that mitt romney knew how to do that, how to get right in there and look right at him and go after. and then he was able to sort of gain control of the narrative, so to speak, beca
the deficit in half in his first term. he's not been asked the simple basic questions by anybody. how did we get to -- >> except by univision. >> sean: one example. >> they haven't even hit him on the outright lie about libya. another anticipated obama argument, this crisis was caused by two wars and push tax cuts. that's so easily refuted. 2007, $161 billion deficit with two wars raging and bush tax cuts implemented in 2003. what romney really needs to do, though, is stress the urgency. none of this john mccain, obama will make a fine president. no. if obama is re-elected, this country is over as we know it. >> yeah. >> he needs to stay that in no uncertain terms. i say this, not because i'm a partisan, i'm scared to death of our lifetime earnings being in jeopardied, i'm scared to death of our liberty, of our prosperity. the american dream is gone. he doesn't believe in opportunity. he believes in expanding the welfare state and the dependence cycle. he believes in expanding obama phones and not putting people back to work and giving people human dignity. >> right. >> sean: i've never met
not higher than that it's been 8% for how many months now? trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college scholarships. we are on track to double renewable energy productions so we are creating the jobs of the future right here in america. he'll talk about both the progress we've made and layout a road map to create good-paying sustainable jobs to the middle class. bill: we are looking forward tonight. thank you for coming back here, ben. ben labolt from the obama team. good luck to you later tonight. andrea saul from the romney team, press secretary for mitt romney. good morning to you. i know you're looking forward to you tonight as well. >> good morning.
that vote in large numbers. if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground
mind my promise that i'm going to cut taxes and i'm going to also balance the deficit, but i'm not going to tell you about the loopholes i'm going to close or the deductions. so just trust me. you know, come on. >> that would be -- if that was an effective message, then president obama would have done a lot better last night. that is the line that the obama team has been trotting out for several months and then it didn't match up with reality and if you do just a little digging, you find out that wasn't true. i think the romney team immediately, because they've been calling him a liar so much, then america sees him, he doesn't seem like he's lying to me. and to obama's credit, he did not do what his campaign has done, he did not personally attack which shows a disconnect between obama and his team. >> you think he looked presidential? >> yes. >> romney? >> no. >> romney looked way more presidential. >> obama looked like he wanted to have a serious debate. he wasn't interrupting jim lehrer. >> my favorite actually, too. but i took a second look. >> we had the same one. this is
, in terms of mitt romney surging, just remember how much of a deficit he had to make up. i mean, he was in some cases double digits behind the president and all those attributes and the president is still leading on them. we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course, we'll recalibrate and recalculate based on the mitt romney that showed up last night. we've got two more debates left. now we know what we're dealing with. we know that mitt romney will, in a split second, walk away from the central policy of his entire economic plan because he knows it's bad politics. he has been campaigning on this $5 trillion tax cut since the beginning of the primaries. and last night he tried to walk away from it, because he knows he's going to have to tell the middle class that he's going to have to raise their taxes if he wants to pay for it. >> the $5 trillion cut, the president talked about t
, the two candidates are in a tie. governor romney leads when it comes to the handling of the budget deficit. however, the president is ahead on every other issue including health care and national security. we have team fox coverage. carl cameron has the latest from the romney campaign. first, we go to ed henry in las vegas. what do we know about the president's debate prep? >>reporter: they have tried to keep that quiet. we have spotted senator john kerry who is playing mitt romney in the mock debate sessions for the president in the las vegas area. he has been spotted in the lobby of the hotel, with reading glasses and a pile of papers, going through this like it is a final exam and researching every last bit. the president, when he delivered pizza to campaign volunteers to show he has a calm, cool image headed into the debate, he made clear he also things this is like a final exam. he has been holed up, long hours, inside, dealing with a big workload. >> it is all very nice. although they keeping me indoors all the time, that is a drag, they are making me do my homework. >>reporter: the
some of the tax changes that he would specify with the ways he would trim the deficit. his campaign -- the president's campaign already signaled that. here is how his deputy campaign manager steffi cutter put it in a new video they put out today, brooke. >> mitt romney hasn't given us any specific details of his economic plans. so we can use tonight's debate to give us the details for first time ever, or we can spend 90 minutes doing what we know he's good at, attacking the president, distorting his own record, and avoiding any and all details of his plans for the country. >> now, obviously that's expectation setting and priming the media to already start looking for any specifics, weaknesses by romney in getting into the details. but it does mean that we should start looking for the president to push the governor on those kinds of issues. i do think the president has separate challenges, but this is what we should see the president get aggressive on tonight, brooke. >> okay. also we should point out, jessica, it is interesting timing, this date here, it coincides with a certain sig
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respondin
of credible deficit reduction over a long period of time, moodies is threatening to downgrade in the first six months of 2013. another rating agency, a little more patient, they'll give us until december. but they have not shown in washington a real ability on either side of the aisle to come together and get a bipartisan effort, which is what you need. look at greece, they almost got thrown out of the euro many times over for good reason, but nonetheless, by one party saying we're not going to play by the rules. we want to switch the rules we agreed to. you can't have one party determine something that is so important for the u.s. future and have anyone thinking that the next time somebody gets elected and the other party gets thrown out you could overturn whatever we decide on in terms of a path, a road map, for the future. if we have a road map in this country, we are real good, even if it has potholes of avoiding them. we don't know where they are. we're in the dark now. we don't have a flashlight in a dense forest right now. >> no flashlight. it is dense indeed. diane swonk, i hope to hav
to the deficit. >> a couple nights ago we had a debate. you may have got the chance to see that. >> reporter: before the new jobs numbers, romney had been riding a wave of momentum after this week's debate. he even got a pass from the president who never mentioned romney's comments on the 47% of americans who don't pay federal income taxes. >> there are 47% of the people who vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds and thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i've said something that's completely wrong. >> reporter: romney heads next to florida where his economic message will still resonate. that state's unemployment rate while it has gone down in recent months is still well above the national average. wolf. >> jim acosta joining us, thanks very much. let's dig deeper right now with our chief political analyst gloria borger. g
of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quarter. >> oh, it didn't show first quarter, second quarter -- >> no. >> there are corporate headlines. people started getting plaq blackberries? >> they beat expectations. >> they lost money, they beat expectations. >> but they added subscribers. >> subscribers in developed countries. the point is a developing --
he has remained strong, for instance, on federal spending and dealing with the deficit and debt. they're hitting that in ads. this is something people are genuinely worried about and he can connect to the economy because people in their everyday lives. gregg: juan, as you know unemployment is still above 8%. gdp is a comatose 1.3%. brain-dead on life-support. we have a debt that is crushing of $16 trillion. more americans than ever before, 47 million, are on food stamps. gasoline prices have doubled in the four years that president obama has been in office. i mean, what is he going to say tonight when surely he will be asked about that? >> oh, gregg, i think there is lots of positives to offer. gdp clearly now is far in excess where we were when he took office. if you look at wall street, you look at the nasdaq --. gregg: juan, under reagan it 7% in the reagan recovery. it is 1.3% right now? >> again, what you see is compared to where he took office, gregg. it is much better. economy, if you ask the american consumer right now, they have a much better attitude about where we're going,
. it wasn't just that this was just the biggest driver of our federal deficit, but it was families who were worried about going bankrupt if they got sick. millions of families all across the country. they had a preexisting condition, they might not be able to get coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills because the insurance companies say that they've hit the limit. so we did work on this, alongside working on jobs. because this is part of maki sure that middle class families are secure in this country. let me tell you exactly what obama care did. number one, you've got health insurance, it doesn't mean a government takeover. you keep your own insurance. you keep your own doctor. but it does say insurance companies can't jerk you around. they can't impose arbitrary lifetime limits. they have to let you keep your kid on your insurance plan until you're 26 years old. and it also says that you're
Search Results 0 to 49 of about 140 (some duplicates have been removed)